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Company No. 02119045 · Incorporated 2 Apr 1987

Udare Limited

Registered name: UDARE LIMITED

Udare Limited made £12.5m revenue and £217k profit in the year to 31 Mar 2025. read from filing text

Udare Limited’s revenue fell 20% to £12.5m in the year to 31 Mar 2025, with £217k profit and 10 employees. The company is classified under “wholesale of clothing and footwear” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear
Status
Active
Location
London, London
Age
39 yrs · since 1987
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is controlled by”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed
Revenue
£12.5m
Growth ▼19.9%
Profit
£217k
Growth ▼5.4%
Profit margin
1.7%
Gross 12.2%
Employees
10
Change —
Profit / employee
£21.7k
Revenue/employee £1.2m
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£19m£10.9m£15.6m£12.5m
Cost of sales£16.9m£9.1m£13.9m£11m
Gross profit£2.1m£1.8m£1.7m£1.5m
Operating profit£1.1m£1.2m£426k£388k
Profit before tax£979k£1.1m£308k£294k
Profit after tax£773k£871k£229k£217k
Profit (best available)£773k£871k£229k£217k
Staff costs£413k£258k£490k£503k
Employees (average)1110010
Ratios
Profit margin4.1%8%1.5%1.7%
Gross margin10.8%16.1%10.9%12.2%
Revenue per employee£1.7m£1.1m—£1.2m
Profit per employee£70.3k£87.1k—£21.7k
Cash conversion−194.9%142.8%−171.1%−256.9%
Growth (year on year)
Revenue growth———▼19.9%
Profit growth———▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£271k£845k£618k
Net assets£2.3m£2.4m£2.6m£2.8m
Fixed assets£3.2m£3.2m£3.2m£3.2m
Current assets£4.2m£4.8m£4.9m£2.7m
Debtors£2.4m£4.5m£4m£2m
Deferred income£9k£5k£12k£12k
Cash from operations−£2.2m£1.7m−£729k−£996k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
1.7%
Profit ÷ revenue.
Gross margin
12.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.2m
Revenue ÷ average employees.
Profit per employee
£21.7k
Profit ÷ average employees.
Cash conversion
−256.9%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
25.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
16.3%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲8%
Now £2.8m
Cash at bank
▼27%
Now £618k
Headcount
—
Now 10
Deferred income
0%
Now £12k
Fixed assets
▼0%
Now £3.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £217k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.